• Alphabet average price to free cash flow ratio for 2023 was 24.18, a 1.85% increase from 2022.
• Alphabet average price to free cash flow ratio for 2022 was 23.74, a 21.29% increase from 2021.
• Alphabet average price to free cash flow ratio for 2021 was 30.16, a 23.34% decline from 2020.

Price to free cash flow ratio can be defined as